Asianet Star Communications Asianet STAR Communications,Asianet Communications, is an Indian media company owned by Star India , a wholly owned subsidiary of The Walt Disney Company . Asianet STAR Communications operates Malayalam channels Asianet, Asianet Plus , Asianet Middle East , and Asianet Movies , Kannada channels Star Suvarna and Star Suvarna Plus and Tamil channels Star Vijay and Star Vijay Super .news channels , Asianet News and Suvarna News , are wholly owned by Asianet News Network , a subsidiary of Jupiter Capital. Both Asianet News Network channels and STAR India channels use the brand-name and the "Asianet" logo.television company in Malayalam. STAR India started discussions with the then owners of the Asianet in August, 2008 . STAR India eventually bought a 51% stake in Asianet Communications and formed joint venture with JEV in November, 2008. The joint venture, called "STAR Jupiter", comprised all general entertainment channels of Asianet Communications and Star Vijay . Star India had reportedly paid $235 million in cash for the 51% stake and assumed net debt of approximately $20 million.July 2010 , and to 87%, by acquiring 12% stake for $160 million in June, 2013. The later move was by virtue of acquiring a 19% equity stake in Vijay TV from Rajeev Chandrasekhar and Asianet Communications MD Madhavan . Following the June, 2013 investment, Asianet Communications was valued at $1.33 billion. STAR India acquired 100% stake in Asianet Communications in March, 2014.Disney acquiring Fox , Asianet Star Communications, along with all of Star India's subsidiaries, became subsidiaries of The Walt Disney Company , and restructuring put them under Disney India .Channels
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